Direct Taxes India PDF – Economics for SSC, IBPS, SBI, IAS,RBI

Direct Taxes India PDF – Economics for SSC, IBPS, SBI, IAS,RBI

Direct Taxes India PDF – In the colloquial sense, a direct tax is one paid directly to the government by the persons (juristic or natural) on whom it is imposed (often accompanied by a tax return filed by the taxpayer).

What are the Types of Direct Taxes One Pays?

Direct taxes come in many shapes and forms. All of the below mentioned tax headings have two things in common – they are imposed directly and apply to every Indian citizen.

List of Direct Taxes in India:

Income Tax

Income tax is the most common and most important tax that an Indian must pay.

It is charged directly on the income of a person.

The rate at which it is charged varies, depending on the level of income.